Investment Property Loans in Porterville, California

A total of 50 search results for investment property private money lenders were found in Porterville, CA.
The mean amount for loans is $289,063.
Rates on loans made to Porterville investors average about 10.6%. 46 months is the mean length for loans made in the city. The average origination fee for loans is 3.5 percent.
The median LTV for loans in Porterville is 75%.

Loan Example 1

Uptown Funding
makes a hard money loan to Inez
, a local investor in Porterville, CA who wishes to purchase a $210,000 investment property in the East Porterville neighborhood.
The lender decides to loan Inez
70% of the value of the property (LTV), so she will need to put down the remaining 30%.
According to the terms of the deal, the note will be for 1 years at 9% interest. A 2 point origination fee will need to be paid at closing and Inez
will have to make interest only payments with a balloon payment for the principle due when the note expires. According to this scenario, Inez
will make these payments: 1) $63,000 down payment at closing (based on the 70% LTV), 2) $2,940 in origination points (2% x the $147,000 principle), and 3) $1,103 per month in interest payments.

Loan Example 2

Lucy
decides to purchase a rental house in the East Porterville neighborhood of Porterville, CA that is listed for $310,000. Since she is short on funds for the purchase and cannot secure a traditional bank loan, she takes out a hard money loan from Prosperity Lending
.
Lucy
and Prosperity Lending
contract to a 65% loan to value (LTV) so they will fund 65% of the list price and Lucy
will be responsible for the other 35%. In addition, they stipulate a 4 year, interest-only note at a 9% rate of interest, with a 4% origination fee paid at the closing.
Given this scenario, Lucy
will make these payments: 1) $108,500 down when the deal closes (based on the 65% LTV), 2) $8,060 in origination fees (4% x the $201,500 loan principle), and 3) $1,511 per month in interest payments.

Nationwide Mortgage is a hard money lender in Mission Viejo, CA offering loans in 17 states throughout the country.
They provide lending solutions for a variety of situations, including hard money loans for commercial properties, fix and flip hard ...

Headquartered in Sherman Oaks, CA, California Hard Money Direct is a private money lender providing funding throughout California.
They provide loans for many different situations, including fix-and-flip loans, long term rental property loans, short term bridge loans, commercial loans, ...

Karpe Real Estate Center is a Bakersfield, CA based private money lender. They offer loans in California. They offer construction loans, loans for rental properties, short term fix and flip loans, and commercial loans.
They offer ...

LendingHome Corporation is a San Francisco, CA based private money lender providing loans in 25 states throughout the United States.
They provide buy and hold loans, short term loans, and fix and flip loans.
They issue ...

Marquee Funding Group is private money lender headquartered in Calabasas, CA. They provide loans throughout California.
They provide lending solutions for many different scenarios, including fix and flip loans, refinancing, commercial hard money loans, long term rental ...

Capella Mortgage is a private lender in Las Vegas, NV offering funding throughout Nevada, California, and Arizona.
They offer loans for a variety of needs and situations, including rental property loans and fix-and-flip hard money loans. ...

Bolour Associates is a Beverly Hills, CA based hard money lender. They offer loans throughout Arizona, California, and Texas. They offer loans for a variety of situations and needs, including short term loans, cash out loans, private ...

Conventus is a San Francisco, CA based private lender. They provide funding in 10 states throughout the US. They provide fix-and-flip loans, private commercial loans, cash out hard money loans, and rental property loans.
Their loan ...

HML Investments is hard money lender headquartered in Los Angeles, CA. They provide loans throughout California.
They offer short term loans, cash out loans, long term rental property loans, hard money loans for commercial properties, and ...

City Capital Finance is a hard money lender offering funding throughout California. They provide loans for a variety of needs and situations, including cash out loans, fix-and-flip loans, short term loans, investment property loans, and hard money loans ...

Stonecrest Financial is a San Jose, CA based private money lender offering loans in California.
They offer loans for many different needs and situations, including short term fix and flip loans, commercial hard money loans, bridge loans, and ...

Headquartered in Encinitas, CA, Scottway Capital is a private lender providing funding in California.
They provide hard money loans for commercial properties, buy and hold loans, and fix and flip loans.
They offer loans with a ...

MAE Capital Mortgage is a Rocklin, CA based private lender who offers funding in California.
They provide loans for a variety of situations and needs, including builder loans, cash out loans, fix and flip hard money loans, loans for ...

Aegis Funding is hard money lender based in Huntington Beach, CA. They provide loans throughout California.
They offer lending solutions for a variety of needs and situations, including fix and flip loans and long term rental property ...

Aztec Financial is an asset-based lender in Burbank, CA offering loans throughout California.
They provide lending solutions for a variety of situations, including hard money refinancing, loans for rental properties, builder loans, fix-and-flip loans, short term loans, and ...

Wilshire Quinn Capital, Inc. serves as manager of the Wilshire Quinn Income Fund, LLC, a California Hard Money Lender focused on short term bridge loans secured by first trust deeds. Wilshire Quinn is based in San Diego, CA with offices ...

Crawford Real Estate Services is an asset-based lender based in San Bernadino, CA offering funding throughout California.
They provide new construction loans, fix and flip loans, long term rental property loans, and commercial loans.
Their lending guidelines ...

RAM Capital Corporation is a San Jose, CA based hard money lender. They offer loans throughout California. They provide fix-and-flip loans, long term rental property loans, and cash out loans.
The focus ...

Temple View Capital is private lender headquartered in Bethesda, MD. They provide loans in 20 states throughout the US.
They provide short term fix and flip loans, cash out loans, private commercial loans, loans for rental properties, ...

Based in Rockville, MD, ACC Mortgage is a hard money lender offering loans in 16 states across the country.
They offer fix and flip loans, commercial loans, private refinancing, and buy and hold loans.
Their loan parameters ...

Patch of Land is an asset-based lender based in Los Angeles, CA offering funding all throughout the US.
They offer short term bridge loans, private commercial loans, long term rental property loans, refinancing, and fix and flip loans.
...

Capstone Financial is a Scottsdale, AZ based hard money lender who provides loans all across the US.
They provide lending solutions for a variety of needs and situations, including cash out loans, fix and flip hard money loans, short ...

ABC Capital Investments is a Philadelphia, PA based private lender who offers loans all throughout the US.
They provide lending solutions for many different scenarios, including long term rental property loans and short term fix and flip loans. ...

Based in Hamilton, NJ, Creative Hard Money LLC is a private lender offering loans throughout the United States.
They provide loans for many different scenarios, including fix and flip loans, cash out hard money loans, rental property loans, ground-up ...

Gokapital Mortgage is a Miami, FL based private lender who provides funding all throughout the US.
They provide lending solutions for a variety of situations, including loans for rental properties, cash out hard money loans, fix-and-flip loans, hard money ...

Rubicon Mortgage Fund is an asset-based lender in Lafayette, CA providing funding throughout these areas: San Francisco County, Marin County, Alameda County, San Mateo County, Sonoma County, Napa County, Santa Clara County, Contra Costa County, Solano County, Butte County, Colusa ...

Based in Santa Ana, CA, Unlimited Capital Group is a private lender offering loans in 15 states across the country.
They offer loans for a variety of situations, including fix-and-flip loans, refinancing, bridge loans, loans for rental properties, commercial ...

All Star Financial Services is private lender based in Woodland Hills, CA. They offer loans throughout California.
They offer loans for a variety of needs and situations, including hard money loans for commercial properties, buy and hold ...

Headquartered in Costa Mesa, CA, Golden Capital Group is a private lender offering funding in California.
They offer lending solutions for many different needs and situations, including fix-and-flip hard money loans, loans for investments properties, and private commercial ...

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